Tadawul Review:

The Tadawul All Share Index (TASI) declined on ‎‎Tuesday, dropping -28 points (-0.2%) to close at 11,718. ‎‎The index opened 73 points lower than the previous ‎‎close and continued decreasing until the auction close. ‎Overall, 9 out ‎of 20 sectors ended in the red, with 116 ‎stocks declining ‎and 122 advancing. The Banks (-1.4%), ‎Food and Beverages (-0.7%), ‎and Media (-1.8%) sectors ‎were the largest ‎contributors to the decline. Among ‎individual stocks, ‎ Al Rajhi Bank (-1.6%), Riyad Bank‎ (-‎‎3.1%), and Saudi National (-‎‎1.3%) experienced the ‎steepest losses. Trading ‎activity ‎saw a 54% surge in ‎volume, ‎with 399 million ‎shares ‎traded, and a 45% ‎increase in ‎value, totaling SAR ‎‎7.7 ‎billion.‎

 

 

Market Wrap International:

U.S. stocks tumbled for a second straight session on Tuesday as trade tensions with Canada and economic uncertainty weighed on investor sentiment. Despite President Trump signaling a softer stance on Canadian steel and aluminum tariffs, markets remained under pressure. In the S&P 500, industrials led declines, falling 1.54%, followed by consumer staples at 1.18% and health care at 1.12%. The S&P 500 dropped by -0.8%, the Nasdaq fell by -0.2%, and the Dow Jones Industrial Average declined by -1.1%.

European stocks fell sharply on Tuesday, extending losses as escalating trade tensions between the U.S. and Canada weighed on investor sentiment. The CAC 40 fell by -1.3%, the DAX dipped -1.3%, the Euro STOXX 600 dropped by -1.7%, and the FTSE 100 decreased by -1.2%.

Asian markets tumbled on Tuesday, tracking Wall Street’s decline as mounting recession fears and concerns over the global economic impact of President Trump’s trade policies weighed on sentiment. The SHCOMP rose by 0.4%, while the Hang Seng dropped by -0.01%, the Nikkei 225 declined -0.6%, and the KOSPI fell by -1.3%.